Post
Topic
Board Bitcoin Discussion
Re: Bitcoin: Society’s Curse or Boon?
by
calkob
on 06/03/2017, 20:43:52 UTC

Bitcoin, a virtual, decentralized currency, has recently been receiving a considerable amount of press coverage in international mass media.. Bitcoin is currently the most widely used alternative currency in the world, with its total value in circulation recently estimated to be worth over a billion dollars.Does bitcoin brings positive or negative effects to our society..... if so what are those curse or boob??


First off i am not sure that your definition of bitcoin is correct.  Bitcoin is a decentralised digital cryptocurrency, trust me there is a difference.  and actually the currency is only 1 app that Bitcoin allows.  The current value of bitcoin is around the $20 billion dollar mark.  And the effects of bitcoin are almost totally positive,  one negative may be that of the amount of electricity used to secure the network.  which is absolutely vital by the way and is probably costing much less than running the mainstream banking system. However some people my choose to use it negatively.